Updated Oct 10, 2025
Malabar Hill Capital Acquires Development Site From Signorelli Companies In Porter For $5.5M
22410 Eastex Freeway
$3,100,000
$22/SF
Building Size
139,392 SF
Asset Type
Development Site
Closing
Oct 1, 2025
About this deal
AI
The property asset involved in this transaction is a development site located at 22410 Eastex Freeway in Porter. The total building square footage (BSF) is 28,800, with a land size of 139,392 square feet.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Buyer: Malabar Hill Capital
- Seller: Signorelli Companies
- Brokers: Alex Kelly, Elizabeth Clampitt, Simmi Jaggi & Karina Weathers - JLL
- Date of Transaction: 10/02/2025
The transaction was facilitated by a team of brokers from JLL, including Alex Kelly, Elizabeth Clampitt, Simmi Jaggi, and Karina Weathers, who represented the parties involved in this deal.
On the Map
$3,100,000
$22/SF
Development Site
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Players
Humble Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93